Willmott Dixon H1 2025: £548.1m Turnover & Strong Pipeline

Industry Insights from Next Move Strategy Consulting

Willmott Dixon posted a turnover of £548.1m for the six months to 30 June 2025 (H1 2025), delivering a profit before tax of £10.0m for the period.

A Resilient First Half

The company said H1 results reflected consistent operational delivery and the strength of its order book, with management pointing to operational discipline and selective contract wins as contributors to steady profit performance despite a modest dip in turnover versus the prior year.

Frameworks, Pipeline and Preconstruction Momentum

Willmott Dixon reported a record framework turnover for 2025 in excess of £700m, and noted more than £1bn of preconstruction work secured for the year that it expects to convert into main contracts. The group also extended key framework agreements, reinforcing near-term revenue visibility.

Strong Balance Sheet and Order Book

The firm ended the period with a cash position of £122.0m, up from £109.3m a year earlier, and maintained a debt-free balance sheet. Its confirmed order book and pipeline together exceed £3bn, underpinning future workload.

Sector Performance and Contract Wins

The education sector was highlighted as a standout area, with Willmott Dixon having secured £700m to date under the UK Department for Education framework and recording more contract wins on that framework than any other partner over the past 12 months.

CEO View (summary)

CEO Graham Dundas described the first-half performance as evidence of operational strength and the resilience of the company’s order book, saying the firm is well placed to convert preconstruction activity into main contracts and pursue continued growth.

Key Figures at a Glance

• Turnover (H1 2025): £548.1m

• Profit before tax (H1 2025): £10.0m

• Cash position (end H1 2025): £122.0m (debt-free)

• Framework turnover (2025, forecast): £700m+

• Preconstruction secured for 2025: £1bn+

• Order book & pipeline: £3bn+

Next Move Strategy Consulting’s Analysis

Willmott Dixon’s H1 performance — marked by stable profitability, a strong cash balance, and record framework achievements — highlights the continued resilience of the UK Construction Market. The company’s debt-free position and growing preconstruction pipeline reflect disciplined financial management and sustained demand across key public infrastructure segments. These developments position Willmott Dixon to convert secured preconstruction work into long-term revenue while maintaining flexibility amid evolving market conditions. The firm’s strategic focus on framework delivery and selective contract conversion is expected to support steady growth within the broader UK construction market through the remainder of 2025.

Source: World Construction Network 

Prepared By: Next Move Strategy Consulting